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Rack No Longer On the Hook as Nordstrom Commits to Off-Price Brand

Discount Chain Called ‘Building Block’ for Retailer's Growth
Luxury retailer Nordstrom reported steady sales growth on an earnings call Tuesday. (Getty Images)
Luxury retailer Nordstrom reported steady sales growth on an earnings call Tuesday. (Getty Images)
CoStar News
March 2, 2022 | 12:31 AM

Luxury retailer Nordstrom announced slow but steady sales growth Tuesday and appeared to recommit to its Nordstrom Rack brand after reports that a possible spinoff might be on the horizon.

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